Car manufacturing in the United Kingdom fell 48.2 percent from a year earlier to 56,594 units in June of 2020, following a 95.4 percent drop in May and rounding off weakest six months since 1954. Although post-shutdown production slowly ramped up in the month, strict social distancing measures and weak demand across global markets continued to restrict output. Factories turn out just 381,357 cars in the year-to-date, down 42.8 percent on 2019. As a consequence of the crisis, at least 11,349 job cuts have already been announced across the industry, including manufacturing, supply chain and retail.
Car Production in the United Kingdom averaged 114133.20 Units from 1977 until 2020, reaching an all time high of 185157 Units in March of 2000 and a record low of 197 Units in April of 2020. This page provides - United Kingdom Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Car Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: The Society of Motor Manufacturers and Traders Limited (SMMT)
Car Production in the United Kingdom is expected to be 101000.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Production in the United Kingdom to stand at 108000.00 in 12 months time. In the long-term, the United Kingdom Car Production is projected to trend around 87000.00 Units in 2021 and 99000.00 Units in 2022, according to our econometric models.